Working with Downloaded Transactions in QuickBooks Online

working with downloaded transactions in quickibooks online

Downloading transactions into QBO is the easy part. You still have work to do once they’re on board. Its ability to download financial transactions is one of the five best things about QuickBooks Online. Without it, you’d spend a lot of time on tedious data entry, verifying which checks and deposits had cleared and entering…

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Converting QuickBooks Desktop to Online Step-by-Step Guide

Convert QuickBooks Desktop to QBO

Download PDF Checklist Pre-Conversion If you’re considering converting your QuickBooks Desktop to QuickBooks Online, you may be wondering where to start. This guide will walk you through the process step-by-step, so you can make the switch with ease and confidence. Learn about the benefits of QuickBooks Online, how to prepare your data for conversion, and…

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QuickBooks Online | What Is a Vendor Credit, and How Do You Record One?

Whether you’re getting a vendor credit for a refund or a return, you can record it in QuickBooks Online.   When you’re dealing with your company’s vendors, you’re probably accustomed to money flowing in one direction: theirs. Maybe you send them purchase orders and they send you invoices. Or they send you bills and you…

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New to QuickBooks Online?

Switching from QuickBooks desktop or starting fresh with QuickBooks Online? Here’s a quick overview of its home page. Whether or not you’ve ever used accounting software, we think you’ll like using QuickBooks Online. It was designed for small businesses who have little or no accounting experience, and its user interface and navigation should be familiar…

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8 Sales Transactions in QuickBooks Online (QuickBooks Tip of the Month)

Sales Transactions in QuickBooks Online: An Overview   Your first transaction in QuickBooks Online was probably an invoice. But there are many others that you’ll want to know how to use.   You probably process more invoices than any other kind of sales transaction in QuickBooks Online. And it’s usually with a great deal of…

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How to Choose a Bookkeeper For Your Business (Small Business Guide)

Bookkeeping Experience   The gold standard of experience is when bookkeepers are currently serving other clients with businesses similar to yours. They will have seen lots of financial statements and they will just “know” when something doesn’t look right because they have developed their intuition over time.   For you this means more accurate records,…

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Start Planning Now for 2022 Income Taxes

You may not have even completed your 2021 taxes yet. But now is an ideal time to start getting ready for your 2022 returns.   We know that you’re in some stage of preparation for your 2021 income taxes. It may seem odd to start thinking about 2022 taxes just now, but actually, this is…

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Missing 1099 Creates Trouble

Uriah Vincent Jones worked for three employers during the year. He also worked as an independent contractor for a condominium developer.   In preparing his tax return for the year, Jones left out the 1099 income from the condominium developer. Shortly after filing his return, Jones received the 1099, but he did not file an…

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